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i did your taxes. i thought you were a tax expert? announcer: major tax stores advertise for preparers with no tax experience necessary. at turbotax, you only get answers from cpas, eas or tax attorneys. diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. >>> all right. we know all boys like to play with their toys. >> and why not? >>> here with the coolest contraptions there will make guys happy is "maxim" magazine's editor in chief, dan bova. how are you? >> i'm fantastic. thanks for having me. >> you always come to play. >> i do. let's get going. well, baseball season is back. these are the new era diamond collections, these are the hats guys will be wearing on the field while they're playing. it's a great way to start your kid on a life-long journey of pain and suffering if he's a mets fan. >> that's cruel. >> the cool thing about these hats, they're light, they wick a
i did your taxes. i thought you were a tax expert? announcer: major tax stores advertise for preparers with no tax experience necessary. at turbotax, you only get answers from cpas, eas or tax attorneys. diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. >>> all right. we know all boys like to play with their toys....
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today a judge ruled that local officials were wrong last year to yank $30 million in tax funds from the team's new stadium. santa clara schools argue they needed the money. the judge ruled that voters and city officials had specifically ear marked the funds for a new stadium and an outside group had no legal right to take the money away. >>> a gloomy night after much needed rain. rain is not going to last too long. >> it is already starting to push off to the south. we are noting areas of drizzle off the san francisco peninsula and down to about palo alto where we can expect wet roadways from san jose to san francisco. can't rule out a bit of drizzle back for oakland. two things we are watching. the first one is colder weather as head into tonight and tomorrow morning. temperatures dropping to the 30s up into the north bay. and the other thing that we are monitoring is a weekend forecast. going to be changing. we will talk about the warm weather and how high the temperatures will go coming up in the full forecast. >>> estimated 9,000 people in san jose are affiliated with a gang and one
today a judge ruled that local officials were wrong last year to yank $30 million in tax funds from the team's new stadium. santa clara schools argue they needed the money. the judge ruled that voters and city officials had specifically ear marked the funds for a new stadium and an outside group had no legal right to take the money away. >>> a gloomy night after much needed rain. rain is not going to last too long. >> it is already starting to push off to the south. we are noting...
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. >> reporter: but the guard had trouble explaining how a critical report paid for with tax dollars was somehow not presented to general baldwin until after our investigations. you found some serious problems -- >> yes. >> reporter: and from all indications, nothing significant changed. >> yeah. >> reporter: frustrated? >> i'm sure they are. >> reporter: so that report, was it a waste of taxpayer money? >> had it come to conclusion, it would have been money well spent. the fact that it was not followed up on by the national guard bureau in the first year, that's problematic. >> reporter: but it's important to note the report criticized the california guard's failure to meet national guard standards in handling complaints. during the hearing at the capital, the national guard bureau said it provided additional training and the california guard is now in compliance. >> of the big messages we continue to reform the california national guard and military department. the governor appointed me to make change and we have made substantial change. >> reporter: general baldwin made it clear befor
. >> reporter: but the guard had trouble explaining how a critical report paid for with tax dollars was somehow not presented to general baldwin until after our investigations. you found some serious problems -- >> yes. >> reporter: and from all indications, nothing significant changed. >> yeah. >> reporter: frustrated? >> i'm sure they are. >> reporter: so that report, was it a waste of taxpayer money? >> had it come to conclusion, it would have...
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i need to see your tax returns, your income statements? >> it's all about due diligence. >> question number two, i am single and i received a wedding invitation and i received a wedding invitation addressed only to moi, may i call and ask if i can bring my boyfriend, yes or no. >> i'm going to be single forever, so this doesn't apply to me. yes. >> yes, what? >> true. >> true what? you can or cannot. >> you can call. >> you cannot. >> how dare you. >> you're not allowed to call and bring a plus one? >> no. >> bring them anyway, who cares. >> you also don't have to bring a gift. >> good to know, that's obvious. >> it's still 0-0. the worst game ever. >> number three, it is appropriate to discuss a co-worker's body hair on live television, true or false? >> a co-worker's what? >> body hair. >> oh, true! love it! >> false. >> i started to say false, and i get a point. >> all right. 0-0, again. >> a wedding gift should cost about as much as the per-guest price of the wedding itself, true or false? >> false. >> what did you say? >> thank you. >
i need to see your tax returns, your income statements? >> it's all about due diligence. >> question number two, i am single and i received a wedding invitation and i received a wedding invitation addressed only to moi, may i call and ask if i can bring my boyfriend, yes or no. >> i'm going to be single forever, so this doesn't apply to me. yes. >> yes, what? >> true. >> true what? you can or cannot. >> you can call. >> you cannot. >> how...
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of course we have to pay taxes. this is not about paying taxes or not paying taxes. this is about the fact that there's only so much money in the world. and every penny that the government takes in taxes is money that's not available to invest in a private business. every time you take a tax, what you're doing, you're taking money out of the economy. you have to do that up to some point because we need a government. but if you do too much of it, then there's not enough money for people to spend at your business. if someone's paying more in taxes, that means they have less money to spend where you work, which means you're going to make less money in tips or in salary or may even cost you your job if taxes are too high. and i'm telling you, we focus on federal taxes here, but these -- these aren't the only taxes people pay. depending on where you live, you are paying local and state and now federal taxes. you add those up and there are people in this country that are paying close to half the money they make in taxes. half the money they make in taxes. how's that good f
of course we have to pay taxes. this is not about paying taxes or not paying taxes. this is about the fact that there's only so much money in the world. and every penny that the government takes in taxes is money that's not available to invest in a private business. every time you take a tax, what you're doing, you're taking money out of the economy. you have to do that up to some point because we need a government. but if you do too much of it, then there's not enough money for people to spend...
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this is a tax that taxes innovation, increases health care costs and also is a tax that kills good-paying american jobs. finally, we want the new medical devices to be developed here in this country. we don't want them to be developed in europe because of an onerous tax. what we're going to see is that americans are going to have less access to the very new and best products because it's going to become too costly in this country for new companies to develop those products and for start-ups. and at the end of the day it will be sad for americans. so i would urge my colleagues to support senator hatch's amendment and again thank him for his leadership. thank you, mr. president. the presiding officer: who yields time? mr. sessions: mr. president? the presiding officer: the senator from alabama. mr. sessions: mr. president, i think we had a confusion on the time here. i had reserved ten minutes. i had 17 under the motion. and i think there's been a confusion about it. what is the status of the time? i would ask that i be allowed to have ten minutes. the presiding officer: the time until 8:10
this is a tax that taxes innovation, increases health care costs and also is a tax that kills good-paying american jobs. finally, we want the new medical devices to be developed here in this country. we don't want them to be developed in europe because of an onerous tax. what we're going to see is that americans are going to have less access to the very new and best products because it's going to become too costly in this country for new companies to develop those products and for start-ups....
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there's no income tax, no estate tax, but a lot of peep don't like the heat. i'm just saying, you know, maybe people are looking at this wilbur saying there's a lot of high tax states. california ione of them. new york is one of them. tristate, new york city, new jersey, connecticut area, all high tax states. where do we go? that's what pliticians count on. >> my guess is he'll be in the sense to bring in more tax than he will lose. i don't think you're going to have vast outbound migration, but i think the question is, did you break safe with the business community when you promise them the temporary tax, people sported it. i don't know very few people in the business community opposed it the first time because we thought, well, he's doing a good job. he's trying to fix it a lot of things in the state budget. if he needs the temporary cover, give it to him, but now to extend it, that reminds me that federal income tax was supposed to be a temporary tax to pay for world world war i, limited to pay for world war i. neil: you're right. stayed on, didn't it? >> t
there's no income tax, no estate tax, but a lot of peep don't like the heat. i'm just saying, you know, maybe people are looking at this wilbur saying there's a lot of high tax states. california ione of them. new york is one of them. tristate, new york city, new jersey, connecticut area, all high tax states. where do we go? that's what pliticians count on. >> my guess is he'll be in the sense to bring in more tax than he will lose. i don't think you're going to have vast outbound...
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premiums because the tax increases in obamacare were taxes on medical device companies, taxes on your health insurance plan, taxes on pharmaceuticals, all of which are being passed on in the form of higher costs to average working americans. so we have got a crisis in this country that affect the middle-class families, people who are out there every single day just trying to do their best to make their budget balance and do the important things to plan for the future of their children and grandchildren, and here we are in washington, d.c., debating yet more policies that are going to hurt the economy, that are going to -- that are going to crush job creation in this country and lower take-home pay for those very middle-class american families. and so this is the wrong approach, mr. president. i hope that as we debate this we'll have an opportunity to vote on amendments. perhaps there is a way in which we could make this better. i doubt that to be the case. this budget is so far off in terms of where we need to be going as a country, if we're serious about getting the economy growing a
premiums because the tax increases in obamacare were taxes on medical device companies, taxes on your health insurance plan, taxes on pharmaceuticals, all of which are being passed on in the form of higher costs to average working americans. so we have got a crisis in this country that affect the middle-class families, people who are out there every single day just trying to do their best to make their budget balance and do the important things to plan for the future of their children and...
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is a tax is a tax. if you tax something more, you get less of it. piling on new taxes is always bad for economic growth period. and yet out of washington comes yet another proposal for another tax. this one known as the marketplace fairness act but it is just a national internet sales tax. could even hit your itunes downloads later on. last night here on "the kudlow report," republican senator kelly ayotte spoke out against this bill. take a listen. >> i think we need to rename this legislative proposal for what it is because what it is is it's the internet tax collection act. for those who believe that this is some kind of conservative bill, this isn't my idea of conservative. this is not about small government, this is about forcing businesses in states like mine with no sales tax to become the tax collectors for the nation. >> there you go. well said, senator. i say this is a big government, unprecedented power grab. it's paving the way, by the way, to a national sales tax. i truly believe that. but
is a tax is a tax. if you tax something more, you get less of it. piling on new taxes is always bad for economic growth period. and yet out of washington comes yet another proposal for another tax. this one known as the marketplace fairness act but it is just a national internet sales tax. could even hit your itunes downloads later on. last night here on "the kudlow report," republican senator kelly ayotte spoke out against this bill. take a listen. >> i think we need to rename...
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room tax. we call it the accommodations tax, but, potentially, the numbers are twice as big. the on line travel companies have wanted the trial court on that issue, but both the state and the online travel companies are going to be appealing the trial court's decision so we don't know how either of the outcomes will look, but right now, at least, there's a $230 million bill that's about to be sent to the on line travel company. tracy: like amazon story where they couldn't -- no one could call their main office, so to speak,,home, so no one knew where to charge tax. they come down on amazon too. it's no surprise they are coming county on this, are we? >> it's no surprise at all, and especially in this situation. you got an industry that didn't really exist when the taxing statutes were enacted, and so the taxing statutes have terms like travel agency, and that doesn't really fit and hotel operators doesn't fit so you got a taxing statute that has not really kept up with the development of techno
room tax. we call it the accommodations tax, but, potentially, the numbers are twice as big. the on line travel companies have wanted the trial court on that issue, but both the state and the online travel companies are going to be appealing the trial court's decision so we don't know how either of the outcomes will look, but right now, at least, there's a $230 million bill that's about to be sent to the on line travel company. tracy: like amazon story where they couldn't -- no one could call...
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on all subjects that we do taxes on. including corporations and personal returns. >> the calls you've been receiving tonight who are you hearing from? big questions? >> big questions, most common one is do i need to file? a lot of people are disabled or receiving benefits. we have money coming in do we need to file a tax return? >> that is a great question. glad you're theer answer it for them. our staff is here tonight until 8:00 so give us a call. we're taking questions in spanish, canton ease, mand rin and english so give us a kault. -- call. >> great stuff. thank you very much. >> sandhya patel st standing by with some important information. >> finding rain around here on the first day of spring. >> yef. i'm just going to tell you know that the drizzle here and there is not just done. the forecast is not taxing. a lot of cloud cover around. you can see it's here. radar along with national weather service radar still watching spotty drizzle around santa cruz coastlines here and it's winding down. here is a view. we're
on all subjects that we do taxes on. including corporations and personal returns. >> the calls you've been receiving tonight who are you hearing from? big questions? >> big questions, most common one is do i need to file? a lot of people are disabled or receiving benefits. we have money coming in do we need to file a tax return? >> that is a great question. glad you're theer answer it for them. our staff is here tonight until 8:00 so give us a call. we're taking questions in...
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officials the plan was intended to make wealthy foreigners who often use cyprus as a tax haven pay for the bailout but the plan would have forced all separate account holders not just the wealthy to pay for the bank's toure's mistakes not surprisingly citizens of all classes took to the streets demanding that their government reject the e.u. bailout their protests worked eventually forcing tuesday's unanimous no vote in the e.u. i.m.f. proposal but the small mediterranean islands banks are still in danger e.u. and cypriot officials are scrambling to come up with an alternative and i'll turn. scheme before banks reopen next tuesday march twenty sixth allen's finance ministry for one as suggested accepting the e.u. bailout on the condition that exempts smaller account holders from the lobby of the european finance ministers like francis pure mosco moscow these have also expressed support for such an exception and at the same time however the cypriot government is also exploring a bailout plan with russia which is not part of the e.u. any agreement with russia would likely include access
officials the plan was intended to make wealthy foreigners who often use cyprus as a tax haven pay for the bailout but the plan would have forced all separate account holders not just the wealthy to pay for the bank's toure's mistakes not surprisingly citizens of all classes took to the streets demanding that their government reject the e.u. bailout their protests worked eventually forcing tuesday's unanimous no vote in the e.u. i.m.f. proposal but the small mediterranean islands banks are...
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and it raises taxes. now we'll submit a document for the record that we think shows we've got $1.5 trillion in tax increases in this bill, but whether it is $1.5 trillion or $1 trillion, the deal is spending goes up. and there's virtually no alteration in the debt course of america over the next ten years. so why is it that it's a spending problem? let me explain. it actually came to me more clearly during a hearing recently where mr. elmendorf, who is the director of c.b.o., the congressiona congressional e and a very smart man and a decent individual -- and so we were talking about the growth in spending in taxes and the tax increases have just owe cud and that sort of thing. and this is the story: if you're -- if you -- if your tax -- if you raise -- i asked him this: if we raise enough taxes to balance the budget today and if the economy is growing at 2% and -- would the taxes grow at about 2% a year? and he said, yes. they worked hard to figure out what kind of tax reform growth it is, but taxes basi
and it raises taxes. now we'll submit a document for the record that we think shows we've got $1.5 trillion in tax increases in this bill, but whether it is $1.5 trillion or $1 trillion, the deal is spending goes up. and there's virtually no alteration in the debt course of america over the next ten years. so why is it that it's a spending problem? let me explain. it actually came to me more clearly during a hearing recently where mr. elmendorf, who is the director of c.b.o., the congressiona...
SFGTV: San Francisco Government Television
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which is our largest overall local revenue source, though business taxes and our hotel and sales taxes are as growing over that time period. this slide highlights for you wla the projected growth rates are in the plan, so you can see, you know, stronger growth rates in the early first two years and more moderate projections in the subsequent years. on the expenditure side, our -- the city's expenditures are projected to increase by 1.1 billion dollars over the five year period, that's about 25% growth, and the largest share of that is our salary and fringe benefit costs which are growing we're projecting 460 million dollars, there are a number of citywide cost increase that is are assumed in this plan, things like fully funding our capital plan, our it plan and equipment costs, the plan also assumes that we fully fund inflation on grants as well as other non-personnel services, so that's all the contracts, grants, and other types of expenditures that are not staff costs. >> supervisor breed? >> yes, can you please explain what you mean by fully fund capital plan? >> happy to answer tha
which is our largest overall local revenue source, though business taxes and our hotel and sales taxes are as growing over that time period. this slide highlights for you wla the projected growth rates are in the plan, so you can see, you know, stronger growth rates in the early first two years and more moderate projections in the subsequent years. on the expenditure side, our -- the city's expenditures are projected to increase by 1.1 billion dollars over the five year period, that's about 25%...
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raise taxes. next year they want to raise the taxes by 40 billion dollars, again, the republican budget doesn't raise taxes and then on the deficit this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the budgets of the budget blueprints of the republicans in the house and the democrats in senate and republicans want to restrain spending and democrats want to continue to blow up the budget and eventually, over the decade add 1 trillion dollars of new taxes. >> sean: yeah, so 1 trillion in new taxes over ten years, a trillion dollars, this is like they know no other way, all right? that's point one, but yet, they still will give us almost trillion dollar deficits as far as the eye can see throughout the entire ten
raise taxes. next year they want to raise the taxes by 40 billion dollars, again, the republican budget doesn't raise taxes and then on the deficit this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the...
SFGTV: San Francisco Government Television
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just as far as the tax credit, in our survey, 74% of the businesss did not know that the tax credit was there. there really is an education that needs to go on. a lot of people will argue that 50,000 average per employee is so low that a lot of businesses aren't going to qualify. i might also point out that currently for the current year as tangerine said in 2013 it will be 50%, but currently the credit that is available and has been available for a few years is 35%. so that is the current credit. and i think one of the things that you have until -- anybody knows if it's march 15 to file for that? >> yes. >> march 15th, you need to file for it for the year. the other thing is, as was mentioned, how is an individual going to comply? and it's going to be through the taxes that they pay. but i thought you might find it interesting to find out -- now this is for businesss with 50 or more employees. what does the need to do? what the business need to do is provide the name, address, tax information and whether it offers full-time or part-time employees. the monthly premium of the lowest cost
just as far as the tax credit, in our survey, 74% of the businesss did not know that the tax credit was there. there really is an education that needs to go on. a lot of people will argue that 50,000 average per employee is so low that a lot of businesses aren't going to qualify. i might also point out that currently for the current year as tangerine said in 2013 it will be 50%, but currently the credit that is available and has been available for a few years is 35%. so that is the current...
SFGTV: San Francisco Government Television
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that's significant reductions in the transient occupancy tax, significant reduction in payroll tax. and those reductions are larger than the one-third reduction to overall expenditures partly derivative in large part by the number of sipped katz. greater numbers of syndicates leads to disproportionate increases in the transient occupancy tax as well as payroll taxes paid. ~ the retail taxes have also declined, but back out a third, same as decline in overall expenditures. we have a net decline of about $10 million projected in city revenues. >> so, just -- mr. eagan talked about a 6.1 increase, million dollar increase in hotel tax revenue. it would require a 7% increase in hotel tax over a three-month period. what is your response to that, which is a significant increase over a three-month period. do we expect during this time that's what we'll have for the america's cup event? >> my expectation for rev par is that it would see a significant bump. having in addition between 5 and 25,000 people in the city on a given day could lead to a vastly significant bump than we saw during the
that's significant reductions in the transient occupancy tax, significant reduction in payroll tax. and those reductions are larger than the one-third reduction to overall expenditures partly derivative in large part by the number of sipped katz. greater numbers of syndicates leads to disproportionate increases in the transient occupancy tax as well as payroll taxes paid. ~ the retail taxes have also declined, but back out a third, same as decline in overall expenditures. we have a net decline...
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we will close many corporate tax loopholes, like the tax deferral. you can move jobs overseas and never pay any taxes. , bribed us took bring the jobs home. we say no. if you are an american corporation and you earn money overseas or you earn money here but use tricks, it does not matter. we will tax it all. if you're paying taxes to a foreign government, you get a credit for that so no double taxation. but you should not get a in a fit of no taxes because you are shipping jobs abroad. we eliminate some of the depletion balances. there's no reason we should be giving tax subsidies to these companies. we eliminate benefits for , reduce corporate meals and entertainment. is one thing. the second thing we do is we say, all right, people making over $400,000 now will be haying a tax of three point 96% on their highest income. % on their highest income. institute new tax brackets for millionaires and billionaires. $1 on every one dollar above million. 40 six percent on every one dollar above 20 million dollars. we finally go to a total of 49% for every on
we will close many corporate tax loopholes, like the tax deferral. you can move jobs overseas and never pay any taxes. , bribed us took bring the jobs home. we say no. if you are an american corporation and you earn money overseas or you earn money here but use tricks, it does not matter. we will tax it all. if you're paying taxes to a foreign government, you get a credit for that so no double taxation. but you should not get a in a fit of no taxes because you are shipping jobs abroad. we...
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if you're going to tax me 10% i'll take my money out. trust me. >> greta: most think that will never happen here, we don't need to feel like that, but you know, in these very sort of perilous financial times, anything is possible, i suppose. >> in this day and age, you know it is. and when people get their backs against the wall, i ran against the bailouts and now they didn't work the first time and now they need them in europe and you know, saying, we're going to take people's money and go in and tax 10 to 15% of your hard earned money and that's why we brought the resolution to the floor and i asked 30 people yesterday to co-sign it. first 23 signed and seven said send me the information. >> who are the three that need more information. do you out them? >> no, i think the-- i probably would have been one, normally if somebody asks me to sign something on the floor, send it to my staff and let me read it. >> is it bipartisan, any democrats. >> not yet, but i've talked to a few democrats, but i walked down the republican side of the peop
if you're going to tax me 10% i'll take my money out. trust me. >> greta: most think that will never happen here, we don't need to feel like that, but you know, in these very sort of perilous financial times, anything is possible, i suppose. >> in this day and age, you know it is. and when people get their backs against the wall, i ran against the bailouts and now they didn't work the first time and now they need them in europe and you know, saying, we're going to take people's...
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and "tax pain." congressman john garamendi and how to keep people from fleeing high taxes in his state, the golden state. part four of our series is ahead. >> 25 minutes past the hour. this is your fox news minute. the house passed a senate approved stopgap spending bill to continue to fund the government for six more months. measure passed on a bipartisan 318-119 votes. stopping the shutdown until at least september 30. the bill will go to the president to be signed into law. president obama urging palestinians and israelis resume their peace negotiations while meeting with palestinian president, president obama refused to endorse because t thy and call for settlement freeze. houston is one to stop israeli housing on the stake as a condition for restarting the peace talks. in warning islamic republic will destroy the cities of tel aviv if they are attacked. israel threatened action against iran if it continues its nuclear development activities. they said iran has a national right to enrich uranium.
and "tax pain." congressman john garamendi and how to keep people from fleeing high taxes in his state, the golden state. part four of our series is ahead. >> 25 minutes past the hour. this is your fox news minute. the house passed a senate approved stopgap spending bill to continue to fund the government for six more months. measure passed on a bipartisan 318-119 votes. stopping the shutdown until at least september 30. the bill will go to the president to be signed into law....
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. >> you have tax questions we have tax answers. here is a number to dial. 7 on your side call in is now. >> thank you, later tonight video a couple guys put together that attach cameras you ca8tgñxtes0p0p >>> a food fight is back tonight the board is hearing objections to a truck that wants to narc front of a restaurant. abc 7 news joins frus the newsroom with latest on a dispute between mobile food trucks and downtown restaurants. mark? >> i first reportedthon fight last year. it's december. after downtown cafes complained food strucks had been eating into their business. there are objections to a coffee truck. they operate in an alley near fremont. the owner declined to talk with us. we know from permits he'd like to move to a more visibility location across the street from star buck autos you ask restaurants that are in this area what is the biggest part of the sfwhis coffee. >> the policy director says it's just the latest in food trucks invading downtown. traik trucks operating on permits from public works department. >> gut
. >> you have tax questions we have tax answers. here is a number to dial. 7 on your side call in is now. >> thank you, later tonight video a couple guys put together that attach cameras you ca8tgñxtes0p0p >>> a food fight is back tonight the board is hearing objections to a truck that wants to narc front of a restaurant. abc 7 news joins frus the newsroom with latest on a dispute between mobile food trucks and downtown restaurants. mark? >> i first reportedthon...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [chanting] right to work has got to go. >> protesteres are lashing out again but the governor is not backing down at all. michigan's right-to-work laws set to kick in a week from today. republican governor rick snyder is here. governor, good to see you. i was mentioning during the break whether when you see yourself portrayed as satan or the devil. >> it's great to be with you. i feel it's part of democracy. it was hired to do a job by my customers, the citizens of the state of michigan, and i'm doing the right thing. it's about workers rights and it's about bringing more jobs to michigan. so i'm just going to do my job. >> neil: we were talking about the possibility of an errant judge
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [chanting] right to work has got to go. >> protesteres are lashing out again but the governor is not backing down at all. michigan's right-to-work laws set to...
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with the obamacare tax on housing that is a confiscation, confiscatory tax on assets. which is taxing income already been taxed once. people are saying we already do this. what do you think? >> first of all, i couldn't agree more. that's why i voted against obamacare and voted 30 times to repeal it. it is outrageous. i will say this. in this case congress did vote to do this they did pass obamacare. the president signed it. the supreme court declared it constitutional. those are all things i disagree with. they were done within the framework of the law. in this case congress would have acted ahead of time and made it apparent we don't favor anything like this. i think it is a little bit different. melissa: are you worried, are there internal conversations what is going on in cyprus and any spillover you might see around the world? any ensuing global slowdown because just a few hours ago they said they were cutting in half the amount of money that people can take out of the atms. they have had the banks closed for days. they are not reopening them, they say, until next
with the obamacare tax on housing that is a confiscation, confiscatory tax on assets. which is taxing income already been taxed once. people are saying we already do this. what do you think? >> first of all, i couldn't agree more. that's why i voted against obamacare and voted 30 times to repeal it. it is outrageous. i will say this. in this case congress did vote to do this they did pass obamacare. the president signed it. the supreme court declared it constitutional. those are all...
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the cuts and tax credits elsewhere. getting government spending down was necessary. the tax rise was necessary. but without growth, it can't work. and it's that lack of growth which has choked off this recovery and its deficit reduction plan. he did nothing yesterday. it was just more of the same. and i think around the world people will look tech uk and say if you wanted to know whether in a country even with a floating exchange rate could cut spending as a root to growth, they used to call it expansionary fiscal contraction. dead in the water. >> chancellor, thanks very much for joining us. kelly, back to you. >> great stuff there. and it's good to see you even if it's all the way across the city. coming up, when the the fed stop easing? deutsche bank's top economists think it could be by tend of the year. we'll put some questions to him when we come back. [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. connecting to the global phenomenon we call the internet
the cuts and tax credits elsewhere. getting government spending down was necessary. the tax rise was necessary. but without growth, it can't work. and it's that lack of growth which has choked off this recovery and its deficit reduction plan. he did nothing yesterday. it was just more of the same. and i think around the world people will look tech uk and say if you wanted to know whether in a country even with a floating exchange rate could cut spending as a root to growth, they used to call it...
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tax laws. tax theories. the more complicated, the better. just bring it on. ( crowd chatters and groans ) hunger creeping up on you ? stash a ritz crackerfuls. made with real cheese and whole grain. don't get caught hungry. ritz crackerfuls. has oats that can help lower cholesterol? and it tastes good? sure does! ♪ wow. [ buzz ] delicious, right? yeah. it's the honey, it makes it taste so... ♪ well, would you look at the time... what's the rush? bee happy. bee healthy. with clusters of flakes and o's. oh, ho ho... it's the honey sweetness. i...i mean, you...love. >> jimmy: tonight on the program, an exceptionally talented young actress. she has a movie called "ginger & rosa" elle fanning, of the hollywood fannings is here. and then, their full-length album comes out in june, tonight they'll be playing music from this self-titled ep -- it's red gold green from the sony stage. you can see them live on the warped tour this summer. tomorrow night, ellen pompeo will be here as well as former bachelor and current dancing star sean lowe will be
tax laws. tax theories. the more complicated, the better. just bring it on. ( crowd chatters and groans ) hunger creeping up on you ? stash a ritz crackerfuls. made with real cheese and whole grain. don't get caught hungry. ritz crackerfuls. has oats that can help lower cholesterol? and it tastes good? sure does! ♪ wow. [ buzz ] delicious, right? yeah. it's the honey, it makes it taste so... ♪ well, would you look at the time... what's the rush? bee happy. bee healthy. with clusters of...
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. - i'm bob, we talked at the tax store... i did your taxes. i thought you were a tax expert? announcer: major tax stores advertise for preparers with no tax experience necessary. at turbotax, you only get answers from cpas, eas or tax attorneys. and it'd be him saying, "hi mom. whatchya doing" and he knew that i was at work. and just those little things throughout the day, he'd always say, "i love you. i love you, ma." this is the unfinished text message that our son was typing when he drove off the road and died of a massive skull fracture. how one drugstore chain is making demands of workers -- ev >>> on the not for them to judge people's lives. >> live a healthy lifestyle or pay a penalty. how one drug store chain is making demands of workers. >> a new battle brewing over coffee vendors. ♪ [ singing ] ♪ >> and singing a new tune, how a musician is defending herself after make some gay slurs on stage. g an unusual step with its health care policy. >>> the nation's largest pharmacy chain is taking an unusual step with its healthcare policy. cvs is ordering workers to dis
. - i'm bob, we talked at the tax store... i did your taxes. i thought you were a tax expert? announcer: major tax stores advertise for preparers with no tax experience necessary. at turbotax, you only get answers from cpas, eas or tax attorneys. and it'd be him saying, "hi mom. whatchya doing" and he knew that i was at work. and just those little things throughout the day, he'd always say, "i love you. i love you, ma." this is the unfinished text message that our son was...
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into the government are now taking tax money out of the government and so of course you're going to have budget deficits go up was this just like a crazy idea in the first place yes i think so i think that the whole notion of an automatic fix level denies the inevitable flexibility the inevitability of new developments that no one who wrote these rules ever for saw and that it. puts
into the government are now taking tax money out of the government and so of course you're going to have budget deficits go up was this just like a crazy idea in the first place yes i think so i think that the whole notion of an automatic fix level denies the inevitable flexibility the inevitability of new developments that no one who wrote these rules ever for saw and that it. puts
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares bylackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. tracy: boeing plans to conduct test flights of its dreamliner 787 battery system by the end of this week according to a reuters report citing sources. lizzie mac has more in e. mac's bottom line. are they going to ever get this right? >> reporter: that's right, tracy, that's the question that we're asking. reuters is breaking this story, we're confirming it with sources close to the company. what they're trying to do is, basically, see if those batteries are safe, whether or not they will catch fire again. they have revamped the lithium ion batteries, and they're going to do two test flights. one is going to come out of washington state and fly into texas with no passengers, or just a mi
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares bylackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. tracy: boeing plans to conduct test flights of its dreamliner 787 battery system by the end of this week according to a reuters report citing sources. lizzie mac has...
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a 10% tax on u.s. deposits would yield a trillion dollars. i'm afraid some nutty budget tear in the washington will come up with the idea. >> good point. >> and scare the day lights out of everybody for no good reason. >> they're already talking about that, look they're already talking about a transaction tax. there is a lot of buzz about that. they will not put a 10% tax on but i wouldn't rule it out. >> i would rule it out. melissa: what about the transaction tax? that takes us down the same road. they're talking about the consumer financial protection bureau having oversight of 401. cans so they can protect us from ourselves, i don't know. >> well, look, i mean people in washington are not known for their great decision-making skills but i don't think that they would go so far as to actually tax deposits. i think there -- >> it is important to make a distinction between actually doing it and having something propose it. they're not going to do it because we'll see a run on the banks if they try it. >> i don't think they will propose it. >>
a 10% tax on u.s. deposits would yield a trillion dollars. i'm afraid some nutty budget tear in the washington will come up with the idea. >> good point. >> and scare the day lights out of everybody for no good reason. >> they're already talking about that, look they're already talking about a transaction tax. there is a lot of buzz about that. they will not put a 10% tax on but i wouldn't rule it out. >> i would rule it out. melissa: what about the transaction tax? that...
SFGTV: San Francisco Government Television
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the taxes that the motorists would have been paying without the tax swap and the board of equalization approval. in fact, in many ways, the board of equalization approval is almost ministerial in effect and nobody knows what would happen if they had would rejected it. that has happened and the money generates 3.5 percent and the tax is an additional 3.5 cents per gallon which is 500 million a year and it is dedicated to local streets and roads and to the state, preservation program. additionally cap and trade continues to be a focus in the capitol. the cap and trade second round of options was conducted in february, and generated a goes total between the stationary source and utilities of about close to a quarter of a billion dollars and more than a quarter billion of dollars. the funds generated are returned to rate payers as rebates in the bills. and the funds derived from the stationary sources are the subject to an ongoing car. we will have a duty to come back in april with a proposed investment plan. there is a bit of a disconnect, the governor had presumed a billion dollars annua
the taxes that the motorists would have been paying without the tax swap and the board of equalization approval. in fact, in many ways, the board of equalization approval is almost ministerial in effect and nobody knows what would happen if they had would rejected it. that has happened and the money generates 3.5 percent and the tax is an additional 3.5 cents per gallon which is 500 million a year and it is dedicated to local streets and roads and to the state, preservation program....
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the sales tax is now bringing in about $800 million. so now i'm going to talk about those documents. the plan, i mentioned it named specific projects. basically what it does is it determines eligibility for funds and says project x can receive a make minimum of this much over a 30 year life of expenditure plan. there is a bunch of other requirements. up here on the screen you can see the eligible projects sponsors. in some cases projects come with a specific sponsor like the subway, the project, in cases we have projects like bicycle circulation and we have mta and cal trans and bart. one things i will note for the community is that unlike the predecessor program, the operators and if we have money on the table, the authority has more influences from in shaping those projects. within the expenditure plan, a number of requirements to which are their needs to be developed and adopted by the authority board. also for all of the programmatic categories. these are non-specific categories, circulation safety. each of those have developed a 5
the sales tax is now bringing in about $800 million. so now i'm going to talk about those documents. the plan, i mentioned it named specific projects. basically what it does is it determines eligibility for funds and says project x can receive a make minimum of this much over a 30 year life of expenditure plan. there is a bunch of other requirements. up here on the screen you can see the eligible projects sponsors. in some cases projects come with a specific sponsor like the subway, the...
SFGTV: San Francisco Government Television
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to have my taxes raise today do this. it went up a lot. >> thank you. i will be asking about dbi and make sure we are being coordinated on this. next speaker. >> mr. chairman, representative of the committee, i'm with the association of realtors. we support the ordinance and in particular we have been very pleased with the progress we have been making with the city staff and sponsors and authors of this legislation for one amendment that we have requested and that is to require disclosure at the time of sale. we have crafted the amendments submitted them to mr. leaney and he's committed to work with us and craft that legislation and insert it in the appropriate time as soon as possible. this will help facilitate the intent and direction of the ordinance as well as a shorter greater compliance at the time of sales. thank you very much. >> thank you very much. would that be trailing legislation? no. great. thank you, next speaker. >> good afternoon, my name is george -- i'm a native san san francisco, it's the kind of thing
to have my taxes raise today do this. it went up a lot. >> thank you. i will be asking about dbi and make sure we are being coordinated on this. next speaker. >> mr. chairman, representative of the committee, i'm with the association of realtors. we support the ordinance and in particular we have been very pleased with the progress we have been making with the city staff and sponsors and authors of this legislation for one amendment that we have requested and that is to require...
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tax revenue we'll talk about further in the next segment of this presentation. so, when you basically take that math equation, there is a remaining shortfall of $2.6 million, that's not to say that's all we need to fund raise. i want to be clear about that. i think we are clear from the acoc they are continuing to go out and seek further pledges to continue to endeavor towards the 32 million. what i'm pointing out here is we want to be very clear with everyone, donors as well as people in the city hall here about what those benefits were to the city and this projection is not meant to make the case that $13 million is bankable, but instead to show how we would calculate what that benefit is going forward. and we intend to do additional visitor counts and surveys to try to give everyone from the controller's office to the board of supervisors to the budget analyst's office of what was delivered. that is a theme we've heard throughout the hearings today is we are delivering on the promises and letting people know what actually happened. i'd like that to be the fra
tax revenue we'll talk about further in the next segment of this presentation. so, when you basically take that math equation, there is a remaining shortfall of $2.6 million, that's not to say that's all we need to fund raise. i want to be clear about that. i think we are clear from the acoc they are continuing to go out and seek further pledges to continue to endeavor towards the 32 million. what i'm pointing out here is we want to be very clear with everyone, donors as well as people in the...
SFGTV: San Francisco Government Television
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it wasn't going to be money taken from the hotel tax or from other business taxes. that money goes to the general fund for city services. and if they're coming back saying that money is going into their -- to making up their bottom line, you should hold firm on that as well. thank you, supervisors. >> thank you very much. next speaker, please. >>> [speaker not understood]. >> you can submit into the record. you've already spoken. thank you. any other person member of the public who would like to comment on the fund-raising effort? if you don't come forward we will close public comment on both of these hearings. public comment is now closed. now i would like to move on to the fund-raising effort side of things. i believe mike martin will provide an overview and then followed by perhaps the controller ben rosenfield accounting for the effort so far. i believe there may be a presentation about the economic impact report that as well, i'm open to hearing that. [speaker not understood] i'd like to get into as well. why don't we go ahead with mr. martin. and just before y
it wasn't going to be money taken from the hotel tax or from other business taxes. that money goes to the general fund for city services. and if they're coming back saying that money is going into their -- to making up their bottom line, you should hold firm on that as well. thank you, supervisors. >> thank you very much. next speaker, please. >>> [speaker not understood]. >> you can submit into the record. you've already spoken. thank you. any other person member of the...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>alisyn: fox news alert for you. president obama went to ramallah a short time ago to meet with palestinian president mahmoud abbas. we're there live. >> good morning. never a dull moment here in the middle east. just as the president was waking up, there were rocket sirens in southern israel. hamas, largely left out of the president's visit -- he controls the gaza strip, and they have launched four rockets into southern israel. one hit at least a house, although no injuries reported. it does show you how much israel is under fire at all times. this is some of the rocket aftermath from near the gaza strip. president obama ignored hamas and spoken only to president mahmoud abbas. they
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>alisyn: fox news alert for you. president obama went to ramallah a short time ago to meet with palestinian president mahmoud abbas. we're there live. >>...
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you walk the tax line because makes the tax shined you walk the line >> thank you, mr. paulson. (applause) >> if there are any other members of the public who wish to comment on item number 1, seeing none, public comment is closed. colleagues, do we have any discussion? can we have a motion to approve item number 1 to send it to the full board with recommendation? and we can do that without opposition. mr. clerk, can you please call item number 2? >> item number 2, resolution authorizing the sheriff's department to retroactively accept and expend $599,894 in funds from the u.s. department of justice, office of justice programs, through the second chance act reentry program for adult offenders with co-occurring substance abuse and mental health disorders, for the keys to freedom program to increase public safety, and reduce recidivism among incarcerated and recently released women and transgendered adults in the city and county of san francisco; and waiving any indirect costs for the period of october 1, 2012, through september 30, 2014. >> thank you. and we have coner j
you walk the tax line because makes the tax shined you walk the line >> thank you, mr. paulson. (applause) >> if there are any other members of the public who wish to comment on item number 1, seeing none, public comment is closed. colleagues, do we have any discussion? can we have a motion to approve item number 1 to send it to the full board with recommendation? and we can do that without opposition. mr. clerk, can you please call item number 2? >> item number 2, resolution...
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she has to take her after-tax income, which is much reduced because she first has to pay taxes on that income, and then she has to go out and buy health insurance without any government subsidy in the market. well, isn't this interesting. government tells her what policy she has to get. the cheapest policy under the bronze plan, under the subsidies is $20,000 a year. so where, tell me, mr. speaker, and i should ask the novet united states who came up with this brilliant idea, where, mr. speaker are poor women supposed to go to buy health insurance they can afford? not in the obamacare regime. where is she supposed to go when her very sick child has lost his health insurance from the employer that his daddy provided for him because his daddy had a job. his daddy had health insurance. that young child had health insurance, was very sick with a disease, he was very sick. insurance, t on his daddy had a job, his a daddy has insurance. now under obamacare, they may not give him insurance. this is devastating for moms across america if children across america, for senior citizens across amer
she has to take her after-tax income, which is much reduced because she first has to pay taxes on that income, and then she has to go out and buy health insurance without any government subsidy in the market. well, isn't this interesting. government tells her what policy she has to get. the cheapest policy under the bronze plan, under the subsidies is $20,000 a year. so where, tell me, mr. speaker, and i should ask the novet united states who came up with this brilliant idea, where, mr. speaker...
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might that not let moscow find tax hidden cash here. we asked one expert. some russians worry any deal with moscow that moscow gets their hands on the money again. >> if the money according to the requirements of the russian regulations, commerce regulation, there should be no worries. >> questions about how this coast came to glitter so much taking some of the shine off of it. nick paton walsh, cnn, cyprus. >> an important link there. now, listen, this is for the guys. you know how difficult it can be sometimes to get a woman's attention. it can be complicated. >> not for you. >> oh, yes, it is. look at this. imagine riding a horse while trying to kiss a girl. and by the way, if you fail, you get whipped. sounds like normal dating to me. >> what? >> we'll tell you about it. >> okay. a twist on dating. easter's here, and i'm with janette talking about the walmart low price guarantee. that's your receipt from another store? yep. let's go! check out that price. that's walmart's every day low price. that's what i'm talking about! yes, yes! oh my goodness! that
might that not let moscow find tax hidden cash here. we asked one expert. some russians worry any deal with moscow that moscow gets their hands on the money again. >> if the money according to the requirements of the russian regulations, commerce regulation, there should be no worries. >> questions about how this coast came to glitter so much taking some of the shine off of it. nick paton walsh, cnn, cyprus. >> an important link there. now, listen, this is for the guys. you...
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welcome to the tax system. >>> cyprus is getting a new ultimatum today. the european central bank is now telling the island nation to come up with a plan to secure a bailout by this monday or emergency aid for their banks will be cut off. very serious situation going on here for cyprus. stuart varney, anchor of "varney & company" on the fox business network joins me right now. stuart, where does all this stand now? >> wait until you hear this. there is ultimatum to cyprus, get a deal by monday midnight or you don't get a bailout. banks are closed all the way to next tuesday. stock market is closed. hints of a deal, cash from russia. here is the big one, martha. they're debating right now in the cypriot parliament of idea of seizing pension money. nationalizing semipublic, semiprivate pension fund companies. that is how far they're going. it reminds you of the seizure of private bank deposits, now the seizure of pension money. it is a sign of desperation. things are coming to a he had he. we may be witnessing the first country to leave the euro. that is a
welcome to the tax system. >>> cyprus is getting a new ultimatum today. the european central bank is now telling the island nation to come up with a plan to secure a bailout by this monday or emergency aid for their banks will be cut off. very serious situation going on here for cyprus. stuart varney, anchor of "varney & company" on the fox business network joins me right now. stuart, where does all this stand now? >> wait until you hear this. there is ultimatum to...
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is applying a levy on depositors the answer to this small islands financial woes or is it a means to tax russians using cyprus as a legal tax haven and most importantly can europeans trust their banks anymore. to cross-talk the cyprus financial crisis i'm joined by michael burke in london he is an economic consultant and a former senior international economist with citi bank and in washington we cross the shares and raymond she is a professor of international finance and director of the european union research center at george washington university all right crosstalk rules in fact that means you can jump in anytime you want when you go to washington first you said this is moral hazard this is what's going on in cyprus right now can you explain that please sure sure the you know this is unprecedented what is happening right now in a financial crisis the one the one entity you protect or all the small savers and they're getting hit this time so most of the small savers will be hit by a six point seven five percent tax and exchange they'll be given shares off that very bank and that's not
is applying a levy on depositors the answer to this small islands financial woes or is it a means to tax russians using cyprus as a legal tax haven and most importantly can europeans trust their banks anymore. to cross-talk the cyprus financial crisis i'm joined by michael burke in london he is an economic consultant and a former senior international economist with citi bank and in washington we cross the shares and raymond she is a professor of international finance and director of the...
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them directly with the struggle we had to get a three or four percent tax applied to multimillionaires and multibillionaires well that was that that's the way it was played out in congress was you know the republicans you know obama and the democrats said well let's just do the buffett rule let's say that billionaires have to pay at least the same tax as their secretaries and republicans that way we can't have that and so we ended up with sequester and i think you're right if you want a metaphor or analogy because it's more of an analogy the better analogy would be what's going on right now in cyprus where the banks are saying ok we're going to go in we're going to take six percent of everybody's checking account and we're going to take that money and give it to the banks. and i think that year what we're saying to federal employees you know one day out of five or whatever it may be is good depends on contractors in the us but we're in a one out of five and simply not pay i agree it's a tax it's a theft and that's what the sequester is and it's going to have a very bad effect on the ec
them directly with the struggle we had to get a three or four percent tax applied to multimillionaires and multibillionaires well that was that that's the way it was played out in congress was you know the republicans you know obama and the democrats said well let's just do the buffett rule let's say that billionaires have to pay at least the same tax as their secretaries and republicans that way we can't have that and so we ended up with sequester and i think you're right if you want a...
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see them out we would have collected would be introduced to this tax for private very good crowds we need time for the country is running out the supreme banking system is still shut down and the country's president said that the crisis must be resolved before the end of the day. and the european central bank says it will have to cut cypresses funding unless the island state gets a bailout soon robert always chairman of the bridge group which is nice think tank believes the ease pressure on cyprus exposes a worrying hierarchy within the block. it seems that certain countries such as germany are we pushing their own agenda in those countries are the small and can't really stand up to the larger interests in the your opinion the large financial interests of french and german banks are really pushed around and are and are bullied and do not get a good deal and this is very dark from the e.u. to try and take percentage of the savings of the p. banks which is actually we could argue that's actually breaching e.u. rules on protection taking deposits so it's actually very silly and it's als
see them out we would have collected would be introduced to this tax for private very good crowds we need time for the country is running out the supreme banking system is still shut down and the country's president said that the crisis must be resolved before the end of the day. and the european central bank says it will have to cut cypresses funding unless the island state gets a bailout soon robert always chairman of the bridge group which is nice think tank believes the ease pressure on...
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through tax themselves. they know folks who have been affected by gun violence. these are people who may have a son, a brother, a good friend who is gay. so these people having these very personal tangible experiences are seeing these loopholes. and we're seeing a lag both with democrats and republicans. what makes me optimistic is we are seeing our elected officials start to follow more in the trend of public opinion. first the democrats and i think we'll see the republicans, too. >> thank you all so much. we wanted to spend more time with you but we had a lot of news to get to today. >>> coming up, an update on the manhunt for the person responsible for killing colorado's prison chief. you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. tens of thousands of dollars in hidden fees on their 401(k)s?! go to e-trade and roll over your old 401(k)s t
through tax themselves. they know folks who have been affected by gun violence. these are people who may have a son, a brother, a good friend who is gay. so these people having these very personal tangible experiences are seeing these loopholes. and we're seeing a lag both with democrats and republicans. what makes me optimistic is we are seeing our elected officials start to follow more in the trend of public opinion. first the democrats and i think we'll see the republicans, too. >>...
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investors earlier the cypriot quadrant rejected enjoy this bailout proposal which included taxing private bank accounts and. the countries or the cypriot. media reports that the country's parliament is to review one alternative where of trying to resolve the crisis on thursday in that many details are not known but perhaps it could include our plans to tap into social funds or at the retirement fund through through which simply its authority squared to collect around five billion euros which is pretty much the same amount we would have collected would be introduced of this tax for private very good crowds to meet time for the country is running out of the supreme banking system is still shut down and the country's president has said that the crisis must be resolved before the end of the day. the european central bank says it will cut cypresses funding starting from next week if no rescue plan is agreed well robert always chairman of the bruges group which is nice focus think tank believes the u.s. pressure on cyprus exposes a worrying hierarchy within the bloc it seems that certain countr
investors earlier the cypriot quadrant rejected enjoy this bailout proposal which included taxing private bank accounts and. the countries or the cypriot. media reports that the country's parliament is to review one alternative where of trying to resolve the crisis on thursday in that many details are not known but perhaps it could include our plans to tap into social funds or at the retirement fund through through which simply its authority squared to collect around five billion euros which is...
SFGTV: San Francisco Government Television
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their property taxes by 2 or 300 percent. i don't feel that many of us can withstand all the expense and i think a lot of this we'll have to give up our properties. we will buy something somewhere else. i don't know how that will impact the economic situation in san francisco, but we just can't do it. we are still paying the same maintenance, city tax on water and garbage and although our buildings are worth more until we die. >> thank you very much, next speaker. >> supervisors, thank you very much. i'm a private consulting structural engineer in san francisco. i'm here to speak in behalf on the cap ordinance and seismic safety program being proposed. i commend the supervisors and mayor who have propose td program. i think it is vital as a past member and president of the san francisco commission, i know how hard it was to get this program started, implemented and going. i'm fully in support of this. i hope i speak for the rest of my peers in the engineering community. this is vital and should be pass as soon as possible. we
their property taxes by 2 or 300 percent. i don't feel that many of us can withstand all the expense and i think a lot of this we'll have to give up our properties. we will buy something somewhere else. i don't know how that will impact the economic situation in san francisco, but we just can't do it. we are still paying the same maintenance, city tax on water and garbage and although our buildings are worth more until we die. >> thank you very much, next speaker. >> supervisors,...
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knew cyprus would reject the bank tax why would they push for a tax that had no chance of being accepted all postes. that is what i cannot answer to you because i can assume it was it was the mentality of troika. come again and again in every country in which they try this policies with these unfair and unfeeling. and the problems question when are they going to stall and it seems so we suggest that we. go for for another direction we have today suggested a good thing to do east. look. at mosco and maybe accept the invitation and even get a communication from president putin so that the president of the republic of cyprus accompanied by the main party leaders visit in the next us and to try and find a better program there we are more cultured and can be safe and more reliable . thing to do done keep keep negotiating we trade which had showed us nine months now that every day the negotiation coming in going back and back and forth but on which show does not we cannot accept them to be reliable and they show does that they have no no when in which they are truly. as we saw with greece for
knew cyprus would reject the bank tax why would they push for a tax that had no chance of being accepted all postes. that is what i cannot answer to you because i can assume it was it was the mentality of troika. come again and again in every country in which they try this policies with these unfair and unfeeling. and the problems question when are they going to stall and it seems so we suggest that we. go for for another direction we have today suggested a good thing to do east. look. at mosco...